Building a business case that factors in costs, revenue opportunity, and risk ensures cross-functional buy in and results in faster organizational adoption.
Boston, MA (PRWEB) November 03, 2015
Exari, the leading provider of cloud-based contract lifecycle management solutions, today announced the availability of a new online tool designed to help companies build a sound business case for Contract Lifecycle Management.
The interview-driven assessment quickly captures the key metrics that drive ROI for contract management solutions. Users receive a customized, detailed business case that will help jump-start any contract management initiative. Specifically, the report articulates the P&L and Balance Sheet implications of implementing solutions that improve operational visibility, automated contract drafting, crisis visibility, and contract risk analytics.
Contracts affect nearly every aspect of a business yet most companies fail to fully understand and operationalize their contractual agreements. With responsibility spanning finance, risk, legal and sales lack of a clear owner for contracts results in in-house or immature solutions that fail to address key value points. This assessment has been designed to make a stronger cross-departmental business case for implementing an enterprise contract management solution. With a contract management solution companies are able to organize and secure their contracts, gain instant visibility into terms and risks, and benefit from a streamlined drafting process.
“The most effective compliance, risk management, and business improvement programs are increasingly leveraging cross-departmental teams for success,” said Andy Loach, CEO and Founder at Ethien. “Building a business case that factors in costs, revenue opportunity, and risk ensures cross-functional buy in and results in faster organizational adoption."
The assessment was informed by experience gained from some of the world's leading companies who have transformed their contract management processes to improve competitiveness, consistency and efficiency. This is a perfect opportunity for a business to evaluate the benefit of having such a solution before committing significant time and resources.
“We developed this assessment to allow customers or prospective customers get an inside look at how our contract management solution can reduce risk and save them money in the long run,” said Mike Maziarz, VP of marketing and product management at Exari. “Being fully informed as to where the greatest benefits lie will reduce the uncertainty that exists in many contract management projects.”
Exari is a market-leading Contract Lifecycle Management platform that unifies the processes of generating, managing and analyzing expansive document and contract portfolios. Exari solutions are used by hundreds of thousands of users worldwide.
Exari is headquartered in Boston with offices in London, Melbourne and Munich. Learn more at http://www.exari.com.